X0304 4 2011-08-16 1 0000055604 KEYSTONE CONSOLIDATED INDUSTRIES INC KYCN 0001276470 CORSAIR CAPITAL MANAGEMENT LLC 350 MADISON AVENUE 9TH FLOOR NEW YORK NY 10017 0 0 1 0 Common Stock 2011-08-16 4 S 0 657228 9.43 D 0 D Common Stock 2011-08-16 4 S 0 53016 9.43 D 0 D Common Stock 2011-08-16 4 S 0 3400 9.43 D 0 D Common Stock 2011-08-16 4 S 0 87018 9.43 D 0 D Common Stock 2011-08-16 4 S 0 629381 9.43 D 0 D Common Stock 2011-08-16 4 S 0 36708 9.43 D 0 D Common Stock 2011-08-16 4 S 0 84271 9.43 D 0 D Represents transactions in securities owned directly by Corsair Capital Partners, L.P. ("Corsair Capital"). Represents transactions in securities owned directly by Corsair Capital Partners 100, L.P. ("Corsair 100"). Represents transactions in securities owned directly by Corsair Long Short Partners, L.P. ("Corsair Long Short"). Represents transactions in securities owned directly by Corsair Capital Investors, Ltd. ("Corsair Investors"). Represents transactions in securities owned directly by Corsair Select, L.P. ("Corsair Select"). Represents transactions in securities owned directly by Corsair Select 100, L.P. ("Corsair Select 100"). Represents transactions in securities owned directly by Corsair Select Master Fund, Ltd. ("Select Master"). Shares traded in the transactions described in this Form 4 represent the holdings of the Funds (defined below) prior to such trades after shares were reallocated at market price among the Funds. No shares reallocated pursuant to the preceding sentence were traded in the open market. Corsair Capital Management, L.L.C. ("Corsair Management") is the investment manager of Corsair Capital, Corsair 100, Corsair Long Short, Corsair Investors, Corsair Select, Corsair Select 100 and Select Master (collectively, the "Funds"). Messrs. Petschek and Major are the controlling persons of Corsair Management. Therefore, each of Corsair Management, Mr. Petschek and Mr. Major may be deemed to share beneficial ownership of the shares beneficially owned by the Funds. Pursuant to Rule 16a-1(4) promulgated under the Securities Exchange Act of 1934, as amended, each of the Reporting Persons herein states that the filing of this Form 4 and the statements made herein shall not be deemed an admission that he or it is the owner of any of the securities covered by this Form 4, except to the extent of their pecuniary interest therein. Jay Petschek, Managing Member of Corsair Capital Management, L.L.C. 2011-08-18